HH ELITE A/S — Credit Rating and Financial Key Figures

CVR number: 35842330
Godsbanegade 7, 8700 Horsens
jorgen.moller@hhelite.dk
tel: 25297275
hhelite.dk

Credit rating

Company information

Official name
HH ELITE A/S
Personnel
33 persons
Established
2014
Company form
Limited company
Industry
  • Expand more icon93Sports activities and amusement and recreation activities

About HH ELITE A/S

HH ELITE A/S (CVR number: 35842330) is a company from HORSENS. The company recorded a gross profit of 2340.7 kDKK in 2023. The operating profit was -4496 kDKK, while net earnings were -1880.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -42.6 %, which can be considered poor and Return on Equity (ROE) was -66.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HH ELITE A/S's liquidity measured by quick ratio was 1.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit885.982 010.572 431.783 144.652 340.74
EBIT-2 477.08-1 960.34-3 979.36-4 929.67-4 496.03
Net earnings-2 481.37-1 554.02-3 988.84-4 878.31-1 880.47
Shareholders equity total-4 953.67-6 507.69-1 896.52-6 774.84-8 655.31
Balance sheet total (assets)2 370.443 380.693 084.281 548.304 135.33
Net debt4 350.755 023.701 313.895 265.6510 228.99
Profitability
EBIT-%
ROA-43.6 %-22.8 %-53.5 %-74.1 %-42.6 %
ROE-126.2 %-54.0 %-123.4 %-210.6 %-66.2 %
ROI-49.4 %-27.6 %-71.7 %-105.1 %-51.6 %
Economic value added (EVA)-2 278.29-1 201.91-3 504.03-4 699.53-2 802.28
Solvency
Equity ratio54.1 %36.3 %32.5 %-25.3 %38.6 %
Gearing-125.9 %-118.9 %-152.9 %-92.3 %-129.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.11.71.60.71.7
Current ratio2.11.71.60.71.7
Cash and cash equivalents1 884.252 711.301 586.11984.35953.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-42.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.6%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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